Tag Archives: Second Chance Banks in Greenville Mississippi

Second Chance Banking in Mississippi

When you apply for a new checking account in Mississippi, some banks will check your complete credit report and score. Most banks won’t deny you a checking account because you have bad credit. Banks are more likely to deny your checking account application because you are on Chexsystems for bouncing checks in the past or still have a negative balance from another checking account. Open a checking account online in Mississippi

Several good banks in Mississippi do not use Chexsystems and will not check your credit: 2nd Chance Banks in Mississippi with no opening deposit and no ChexsystemsSecond chance Banks in Mississippi

Regions Bank – Open a LifeGreen Checking account online and get a $50 Bonus. To receive $50 Free, have one Visa Check Card transaction, one direct deposit of at least $10 and enroll in online statements through Regions Online Banking. Refer friends and you will get a $50 Visa® Reward Card for every friend who opens a new personal LifeGreen® checking account at Regions Bank. With Regions LifeGreen Checking, you also receive CashBack Rewards by using your a Visa CheckCard. A List of Banks in Mississippi with Second Chance Checking Account

Discover Bank– Open a Discover Bank savings account online instantly and earn a rate 5x the National Savings Average with a low opening deposit and access to your cash anytime. Discover Bank is currently offering a $50 bonus if you also open a checking account. You have to have either a Discover Savings account or credit card to open a Discover Bank checking account. You have 30 days to make a deposit at a local branch or by setting up direct deposit. You can also make your opening deposit by mail. . List of Second Chance Banks in Mississippi with no opening depositSecond chance Banks in Mississippi

Why Banks Do Credit Checks

To prevent terrorism and fraud, all banks are required by law to verify your identity in the form of a “soft pull” of your credit report. A soft pull of your credit report won’t lower your credit score. The bank only checks to see that your name and address match up with the information on your checking account application. This is also where the bank gets information to make up the random identity confirmation questions during the process of applying for a checking account. and doesn’t give the bank can’t see detailed information about late car payments or bills in collection. Banks requiring that your checking account is enrolled in overdraft protection in the form of a bank-issued line of credit, will require that you don’t have bad credit. The bank will conduct a “hard pull” of your credit report, meaning that the credit check itself will lower your credit score by 2 points. A hard pull lets the bank review your entire credit report and score. If you already know you have bad credit, avoid applying to banks that will do a hard pull of your credit.

A List of Second Chance Banks in Mississippi No Credit Check Checking Account Second Chance Checking Accounts online. 2nd Chance Bank in Mississippi